Executives from HBO tech leave ahead of internet launch
Time Warner's HBO is all set in preparing a standalone service over the web at its maiden attempt in exploring the most closely watched moves in the pay-TV history. Meanwhile the launch seems to be further away and it is considered to be a strategy of the departure of its chief technology officer with the assistance of its fellow members.
Microsoft executive has recently resigned from the post of CTO, which is unbelievable before a month when HBO is expected to start selling the new product and two senior vice presidents on the technical team are also at the mark of being left if the sources are to be believed.
The initial plan was developed by the network's top executives and was to spend hundreds of millions of dollars to develop a complicated streaming platform that would make HBO among the best channels in the United States, although capable of challenging streaming video services from Netflix and Amazon. Xbox founder was meant to be an ambient part of this admiring project which was hired by Xbox earlier in 2011 and planning to expand it much bigger.
This particular technology is not only supported by HBO but also by the upcoming Time Warner offerings such as Turner Broadcasting and Warner Bros. It doesn’t require a cable subscription to be used globally and will be enabled in 2016 in accordance to the sources.
The bid was over Time Warner for last summer and the plan was changed by 20th Century Fox, also the media tycoon's overtures would soon deliver a large value to shareholders. Time Warner outlined a series of measures aimed at bolstering revenue growth and cutting costs. HBO's CEO announced that the standalone HBO will launch in 2015 which has become the recent headline.
According to the sources, the pricing of the new product and how it will be sold is still a mystery. The company is now including numerous options for selling standalone through pay-TV producers through the appreciation by apple and Amazon.